If the Learningrx franchisee is an entity, which individuals are required to sign the Confidentiality & Covenant Not to Compete Agreement?

According to the 2025 Learningrx Franchise Disclosure Document, if the franchisee is an entity, certain individuals associated with that entity must sign the Confidentiality & Covenant Not to Compete Agreement. This requirement ensures that Learningrx's confidential information and trade secrets are protected. These individuals include each member, shareholder, officer, director, and partner of the entity.

In addition to the primary stakeholders, the spouses of each member, shareholder, officer, director, and partner must also sign the agreement. This provision extends the protection of confidential information to the immediate families of those in leadership positions within the franchisee entity. Furthermore, every manager of the Learningrx franchise, each guarantor of the franchisee, and the spouse of each guarantor are also required to sign the agreement.

Finally, any employee of the Learningrx franchise who has access to the franchisor's confidential information must sign the Confidentiality & Covenant Not to Compete Agreement. This broad requirement covers anyone within the organization who could potentially compromise Learningrx's proprietary information. The signed agreements must be delivered to Learningrx within one week of their execution, ensuring timely compliance.